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Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
 Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid in its initial stage.
Six-hundred megawatts and five-hundred megawatts will be added to the national power grid by 2016 and 2017 respectively.
Power and Energy Minister Champika Ranawaka said Sri Lanka is considered as a country in Asia that has successfully managed to provide a qualitative and stable electricity supply with good frequency to the general public throughout the day.
“Currently 85 percent of the total number of families are covered by electrification projects in the country. The Government plans to enhance this figure up to 100 percent by 2012,” he said at a ceremony to commission the solar system installation at the Lanka ORIX Leasing Company (LOLC) yesterday.
The solar system installation was officially commissioned by the Minister.
Minister Ranawaka said every divisional secretariat has been provided with power supply and no village without power supply will be seen in the country by 2012.
In keeping with Government’s mission to provide electricity to all, more and more investors and industrialists will be able to invest in country without setting up their ventures in foreign countries in the face of escalating electricity rates in the country, the Minister said.
“The cost of producing power and energy has risen to unbearable proportions and plans are afoot to promote renewable energy sources such as wind power, solar power and geo-thermal technology to overcome this situation in the country while modernizing the entire energy sector in 2 years,” he said.
The country uses 58 percent of eco-friendly energy sources out of the current energy requirements while electricity sector is using 35 to 40 percent of eco-friendly energy sources.
Sri Lanka is considered as a country that has a lower carbon footprint when compared to other countries in the world.
The country’s per capita carbon consumption is estimated as 600 kilogram and it is 2,200 kilogram in India, 5,600 kilogram in China and 24,500 kilogram in USA.
With the commissioning of the Puttalam coal power plant, current carbon quantity will be rise to 1,100 kilogram. However, it would not harm the country’s environment as the country is still recording a lower carbon footprint in comparison to countries in the world,” Minister Ranawaka said. LOLC Group Managing Director Kapila Jayawardena said the newly installed 48 kilowatts of solar system of LOLC successfully contributes to 15 percent of the company’s daily energy requirement by reducing the dependency on power from the national grid.
The system has been designed, installed and commissioned by Access Solar (Pvt) Ltd.
This is the largest installation of its kind in a financial institute in Sri Lanka. The new solar power consists of solar cells which are made up of eight arrays of with eight inverters, which contains an individual capacity of six kilowatts.
Source: Daily News
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Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
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- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
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